Japan trade balance data for February
Trade balance Y 339.0bn for a big beat … but both exports and imports have missed.
- expected Y 305.1bn, prior was Y -1415.6bn
Trade balance (adjusted) Y 116.1bn
- expected Y 80.6bn, prior was Y -370bn
Exports -1.2% y/y for a miss but not as poor a performance as January
- expected -0.6%, prior was -8.4%
Imports -6.7% y/y
- expected -6.4%, prior was -0.8%
More:
Exports to the US +2% y/y
- to China +5.5% y/y
- to Asia -1.8% y/y
- to the EU +2.5% y/y
more to come